Bajaj Auto Leading Two-Wheeler Exports from India, Overall 4% Growth in this category

Sharing is caring!

Two-wheeler exports rose by over 4% in the April-September period of the current fiscal, with Bajaj Auto leading the segment by shipping over 9 lakh units to various markets, including Africa and Latin America, as per latest data by industry body SIAM.

Two-wheeler dispatches, plus motorcycles, scooters and mopeds, stood at 17,93,957 units in the first half of the current fiscal, as compared to 17,23,280 units in the same period of 2018-19.

Scooter exports during the period under review stood at 2,01,277 units, down 10.87% from 2,25,821 units in the April-September period of 2018-19.

Motorcycle shipments, however, rose by 6.81% during the period at 15,85,338 units as against 14,84,252 units earlier.

On the other hand, exports of mopeds were down by a massive 44.41% at 7,342 units as compared to 13,207 units in April-September period last year.

Pune-based Bajaj Auto led the segment with shipments of 9,34,581 units, up 7.5% from same period last fiscal, the Society of Indian Automobile Manufacturers (SIAM) data showed.

It was followed by TVS Motor Company and Honda Motorcycle & Scooter India (HMSI) which exported 3,43,337 and 1,74,469 units, respectively, during the period under review.

Bajaj exports its bikes to over 70 countries and last year dispatched around 40% of its total production to Africa, Latin America and Middle East markets. The company exported around 20 lakh units last fiscal.

SMEStreet Desk

SMEStreet is fast growing platform dedicated to entrepreneurs from small and medium sized businesses (SMEs). Committed to facilitate Knowledge & Networking for Business Growth, SMEStreet offers value added content which shows the actual voice of Indian MSMEs.

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Back to top button
%d bloggers like this: